Sportech shareholders approve Football Pools disposal

Sportech shareholders have approved the disposal of Sportech’s Football Pools business for GBP 83 million, to OpCapita LLP’s FP Acquisitions Ltd, at the company’s Annual General Meeting, this week.

Proxy votes (excluding votes withheld) were cast for a total of 140,564,891 Ordinary Shares of the Company, representing 75.73 per cent. of the total number of votes (185,614,244 Ordinary Shares) capable of being cast at the General Meeting.

Of those, votes in favor of the disposal numbered 129,300,723 or 91,99 percent.

Completion of the disposal now remains conditional upon the FP Acquisitions Ltd obtaining the necessary licences from the Gambling Commission.